LXP Industrial Trust $LXP Stock Sold by Sterling Capital Management LLC

Sterling Capital Management LLC lessened its stake in LXP Industrial Trust (NYSE:LXP) by 43.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,471 shares of the real estate investment trust’s stock after selling 12,011 shares during the period. Sterling Capital Management LLC’s holdings in LXP Industrial Trust were worth $942,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Heartland Advisors Inc. purchased a new position in LXP Industrial Trust during the first quarter valued at approximately $10,705,000. OVERSEA CHINESE BANKING Corp Ltd bought a new stake in shares of LXP Industrial Trust in the 2nd quarter valued at about $940,000. Engineers Gate Manager LP boosted its holdings in shares of LXP Industrial Trust by 395.2% in the 2nd quarter. Engineers Gate Manager LP now owns 27,732 shares of the real estate investment trust’s stock valued at $1,494,000 after buying an additional 22,132 shares in the last quarter. Jupiter Topco LLC purchased a new position in shares of LXP Industrial Trust in the 2nd quarter worth approximately $1,446,000. Finally, Hsbc Holdings PLC grew its position in shares of LXP Industrial Trust by 40.4% in the 2nd quarter. Hsbc Holdings PLC now owns 151,067 shares of the real estate investment trust’s stock worth $8,147,000 after buying an additional 43,502 shares during the last quarter. Hedge funds and other institutional investors own 93.52% of the company’s stock.

Key LXP Industrial Trust News

Here are the key news stories impacting LXP Industrial Trust this week:

• Positive Sentiment: Shareholders approved the acquisition by Brookfield Asset Management and Canada Pension Plan Investment Board. The vote advances the transaction and limits the stock’s downside toward the agreed $61.20 price, although upside is also likely constrained by that deal value. LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments
• Positive Sentiment: Third-quarter results exceeded expectations. LXP reported earnings per share of $1.54 versus the $0.07 consensus estimate, while revenue of $90.78 million topped forecasts of $86.90 million. The results indicate stronger-than-expected quarterly performance and may reinforce investor confidence in the company’s operations. LXP Industrial Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2026
• Neutral Sentiment: The acquisition is the dominant valuation catalyst. With shares trading around the $61.20 offer price, investors appear focused more on transaction completion than on LXP’s standalone earnings outlook. Reports indicate LXP has backed the Brookfield-led transaction. What Comes Next After LXP Backs Brookfield Asset Management
• Negative Sentiment: LXP will be removed from the S&P SmallCap 600 before trading begins November 2, when AvePoint replaces it. Index-tracking funds may need to sell LXP shares, creating temporary technical pressure. AvePoint Set to Join S&P SmallCap 600

LXP Industrial Trust Price Performance

Shares of NYSE LXP opened at $61.16 on Wednesday. LXP Industrial Trust has a fifty-two week low of $44.17 and a fifty-two week high of $61.61. The business has a 50-day simple moving average of $60.92 and a two-hundred day simple moving average of $54.31.

LXP Industrial Trust (NYSE:LXP) last posted its quarterly earnings data on Thursday, October 29th. The real estate investment trust reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $1.47. The company had revenue of $90.78 million for the quarter, compared to analyst estimates of $86.90 million. As a group, equities research analysts forecast that LXP Industrial Trust will post 3.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

LXP has been the subject of several recent analyst reports. Weiss Ratings upgraded shares of LXP Industrial Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, October 12th. Citizens Jmp downgraded LXP Industrial Trust from a “market outperform” rating to a “hold” rating in a research report on Tuesday, July 21st. Jefferies Financial Group lowered LXP Industrial Trust from a “buy” rating to a “hold” rating and decreased their price objective for the company from $62.00 to $61.00 in a report on Thursday, August 6th. Wall Street Zen lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Finally, Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a research report on Thursday, July 16th. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $57.40.

LXP Industrial Trust Profile

LXP Industrial Trust (NYSE:LXP) is a self-managed real estate investment trust focused on owning and managing industrial properties in the United States. The company primarily invests in single-tenant, long-term leased facilities, including distribution centers, logistics properties, and manufacturing buildings.

LXP’s portfolio serves tenants involved in logistics, supply chain management, manufacturing, and other industrial activities. Its properties are located across several U.S. markets, with an emphasis on areas supported by population growth, transportation infrastructure, and expanding industrial demand.